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Old 06-05-2008, 07:55 AM
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Quote:
Originally Posted by ademolaforex View Post
Hello,
I'm new to this forum but do these indicators really predict price movements?, can you write ea's that will trade support and resistant lines using pivot points as the criteria for entry levels?
No.Not always but maybe 55% of the time.

If a price goes to a pivot line ,but breaks the first pivot line it is more likely to go to second pivot line ....rather than reverse at first pivot

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